Didn’t have to raise the latest $245m round, says Stripe CEO Patrick Collison

Stripe co-founder and CEO Patrick Collison
Stripe co-founder and CEO Patrick Collison

Silicon Valley payments firm Stripe is flush with cash. Last week, the San Francisco-based company announced a $245-million round that catapulted its valuation to $20 billion, making it the ninth most valuable startup in the world, according to PitchBook Data.

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